Trump on Friday stressed his stance didn’t change in spite of the delay in auto tariffs. “I don’t change. But the word flexibility is an important word,” he said. “Sometimes it’s flexibility. So there’ll be flexibility, but basically it’s reciprocal.” He claimed "flexibility is...
Trump said he won’t withdraw the tariffs he has ordered on Canada. when asked about his tariff plans, Trump said: “No, I’m not going to bend at all — aluminum or steel or cars. We’re not going to bend. We’ve been ripped off as a country for many, many years. We’ve be...
Trump on Friday stressed his stance didn ’ t change in spite of the delay in auto tariffs. "I don ’ t change. But the word flexibility is an important word," he said. "Sometimes it ’ s flexibility. So there ’ ll be flexibility, but basically it ’ s reciprocal." He claimed "...
"With reciprocity, as defined by Trump, U.S. tariffs would probably on average 10 to 15 percentage points higher. In my opinion, tariffs actually hurt the U.S. economy, so while they would raise revenue ... they would reduce GDP growth," Hufbauer said. Observers believe that this logic ...
Trump said that foreign countries will not be allowed to send merchandise or other items to the U.S. through another country. He also suggested that additional tariffs, including on auto imports, are on the way, Reuters reported. "We want a level playing field," Trump said. ...
WASHINGTON (AP) — President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The “reciprocal’’ tariffs that he announced Thursday are likely to create chaos for global businesses and conflict with America’s allies and adversaries alike. Since the ...
Trump claimed "flexibility is because the tariffs are reciprocal", but then noted “whatever they do to us, we do to them.”He revealed US Trade Representative Jamieson Greer plans to speak with his Chinese counterpart, without saying what he wants to achieve through the US-China talks. ...
Trump signed on Thursday executive actions to grant temporary exemptions from tariffs imposed on Canadian and Mexican imports that are covered by the United States-Mexico-Canada Agreement (USMCA) until April 2. USMCA, namely the U.S.-Mexico-Canada Agreement, is a trade agreement that Trump's ...
“April 2 is a liberating day for our country,” Trump told reporters on Air Force One. “We’re getting back to some of the wealth that very, very foolish presidents gave away because they had no clue what they were doing.” Trump also said he would sector-specific tariffs, including ...
Washington (Feb. 13, 2025) — President Donald Trump announced on his Truth Social account that he would be announcing reciprocal tariffs on Thursday.